TransUnion says it expects auto origination unit volume of 28.9 million loans and leases in 2022, vs. an estimated 28.3 million in 2021, an increase of about 2%. TransUnion expects the rate of auto delinquencies to remain almost exactly flat.
Larry Dominique, head of Alfa Romeo in North America, says he tells dealers, “Let’s take this great, historic brand and allow it to shine.” In a WardsAuto Q&A, he talks about how to do that.
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How the Chip Shortage is Impacting Car Buyer Behavior The chip shortage has had major impacts on the automotive inventory, but just how disruptive to car buyer behavior? Consumer research compares shoppers’ attitudes when impacts were first realized to their buying behavior now that awareness is more widespread.
Many experts expect that connected, self-driving vehicle technologies will change the way consumers use or access private mobility, tending toward a model of transportation-as-a-service (TaaS).
